Not exact matches
If you are
carrying a balance
on four
credit cards and each one has a
different interest rate and a
different monthly minimum payment, how are you able to keep track of these payments along with how much you owe
on each of them?
If you find that you have numerous
different credit cards that are
carrying a balance, it may be more cost effective to place these balances
on a single
credit card with a low interest rate for balance transfers so that you are only paying one bill each month.
I'm sympathetic to those who feel great about paying off 5
different 6 %
credit cards with sub $ 2000 balances who are left with only one
card carrying a 24 % rate
on a $ 10K balance.